🚨 Semiconductors Getting Dump Today


Biggest losers:
$SNDK -14%
$KLAC -12.7%
$MRVL -10.5%
$AMAT -10.2%
$LRCX -10.2%
$WDC -10.3%
The entire memory + chip equipment sector is dumping at once.
Reasons: Profit-taking after massive YTD gains + Meta’s cloud shift spooking AI capex narrative + no dovish hints from new Fed Chair.
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